Notification of issuer holdings Name: Icelandic Group Date of transaction: 26.6.2007 Buy or Sell: Buy Type of instrument: Equities Number of shares: 50.000 Price: 6,4 Primary insider's holdings after the transaction: 7.869.664 Date of settlement: Reason for transaction: Bought from a former employee of Icelandic USA. Icelandic USA is a fully owned subsidiary of Icelandic Group hf.